** Shares of drugmaker Cumberland Pharmaceuticals CPIX.O rise about 12.5% to $3.60 premarket
** Co says it received FDA approval for wider use of Caldolor, an IV form of ibuprofen, for pain after surgery in adults and children as young as three months
** Approval allows use of Caldolor for mild-to-moderate pain and for severe post-surgery pain alongside opioids
** Co adds that drug can be used to reduce fever and is positioned to cut reliance on addictive opioid painkillers
** As of last close, stock down ~20% YTD
(Reporting by Sahil Pandey in Bengaluru)
((Sahil.Pandey@thomsonreuters.com))